News for hackers. Stuff that matters.

A comment on Startups Rejecting Venture Capital. Parent comment

Re:Startups Rejecting Venture Capital by woolvalley on Friday January 11, 2019 @01:14PM (#18885487)
As some counter ancedata, I worked at a relatively successful startup for several years and I ended up as a sr eng in big co anyway after the experience. Startup options ended up being effectively zero.

I should of hopped to big co sooner instead, I would of been significantly ahead of my life's savings goals if I did, and possibly would of bought my house at a far cheaper price because I had the money to pay for the down payment.

[ Parent | on HN ]
Re:Startups Rejecting Venture Capital by mikepurvis on Friday January 11, 2019 @01:40PM (#18885731)
Yeah, for sure. I'm in the fortunate position of having picked (and contributed to, of course) what I believe is a winner. Part of this strategy has to be a willingness to constantly reevaluate the leadership team, progress, and strategy of the organization, and get out fast if it's no longer looking good.

I can definitely picture that there'd be a high vulnerability to sunk-cost thinking.

[ Parent | on HN ]